CR
Catherine B. Reid
PROSPERITY CAPITAL ADVISORS
Arden, NC 28704
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CRD#: 5579457
CR
Professional summary
Catherine Basnight Reid, who also goes by Catherine Gray Basnight, is a registered financial advisor currently at PROSPERITY CAPITAL ADVISORS located in Arden, North Carolina and INNOVATION PARTNERS LLC located in Charlotte, North Carolina.
Catherine is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2008. Catherine has worked at 5 firms and has passed the Series 66, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Catherine Gray Basnight
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1) NAME OF BUSINESS:PROSPERITY CAPITAL ADVISORS, 25651 DETROIT ROAD, #210, WESTLAKE, OH 44145.888-240-0064. EMAIL:creid@infinitywealthmanagementinc.com THIS BUSINESS IS A CORPORATION. NATURE OF BUSINESS:INVESTMENT ADVISING-BROKERAGE. IS THIS BUSINESS INVESTMENT RELATED:YES. TITLE:INVESTMENT ADVISOR REPRESENTATIVE. DUTIES:ADVISE AND MANAGE CLIENTS' BROKERAGE ACCOUNTS AT TD AMERITRADE. APPROX. # OF HOURS MONTHLY DEVOTED TO THIS ACTIVITY:5-10. # OF HOURS DEVOTED TO THIS ACTIVITY DURING SECURITIES TRADING HOURS:5-10. DATE STARTED:JUNE 1, 2016. FINANCIAL INTEREST IN THIS BUSINESS:NO. HOW COMPENSATED:ADVISORY FEES ON ASSETS UNDER MANAGEMENT. 2) Ms. Reid works as a caregiver for Acumen / Outreach at 840B Six Forks Road #204, Raleigh, NC 27615; Not investment related; Business is self-directed services to individuals with disabilities; 100 hours per month, 0 during market hours. 3) Catherine Reid owns various rental properties. She spends approximately 1-2 hours per month on this activity during non-trading hours. This is not an investment related activity. 4) Ms. Reid is a registered representative of Innovation Partners, LLC, a registered broker-dealer and member of FINRA conducting business at her registered location. In such capacity, Ms. Reid sells securities through Innovation Partners, LLC and receives normal and customary commissions and other types of compensation, for example, mutual fund 12b-1 fees or variable annuity trails. Ms. Reid spends approximately 5 hours per week on this activity during trading hours. 5) Ms. Reid is a Managing Partner of Infinity Wealth Management, Inc.. This is the business entity and d.b.a. for all advisory and insurance business. Ms. Reid spends approximately forty hours a week working with this entity. 6) Ms. Reid is a licensed insurance agent conducting business from her registered location. In this capacity, she may offer fixed insurance products including but not to limited life insurance, annuities, disability insurance, long term care insurance and Medicare supplements and receives normal and customary commissions as a result of any sales. In addition, she may receive other compensation such as fixed life trails. Ms. Reid spends approx. 5 hrs/week during trading hours on this activity.
CRS (Client Relationship Summary) - RIA
Click below to view Catherine Basnight Reid's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Current
November 11, 2017 - Present
PROSPERITY CAPITAL ADVISORS
Office #1: 3400 Sweeten Creek Road Suite A, Arden, NC 28704RIA
CRD#: 156480
Arden, NC
Current
November 1, 2020 - Present
INNOVATION PARTNERS LLC
Office #1: 5950 Fairview Road Suite 140, Charlotte, NC 28210RIA
BD
CRD#: 146344
Charlotte, NC
Past
March 24, 2015 - November 2, 2020
MERCAP SECURITIES, LLC
BD
CRD#: 156607
ATLANTA, GA
Past
April 21, 2011 - February 24, 2014
PRUCO SECURITIES, LLC.
BD
CRD#: 5685
ASHEVILLE, NC
Past
October 27, 2008 - August 2, 2010
FIRST CITIZENS INVESTOR SERVICES, INC.
RIA
CRD#: 44430
HENDERSONVILLE, NC
Past
August 28, 2008 - August 2, 2010
FIRST CITIZENS INVESTOR SERVICES, INC.
BD
CRD#: 44430
HENDERSONVILLE, NC
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
PC
PROSPERITY CAPITAL ADVISORS
C2P CAPITAL ADVISORY GROUP, LLC | WEALTH LOGIC SOLUTIONS | UNITED FINANCIAL SOLUTIONS | THE SMITH GROUP TAX & WEALTH ADVISORS | THE JL SMITH GROUP | THE CHAMBERLIN GROUP | PROSPERITY CAPITAL ADVISORS
CRD#: 156480 / SEC#: 801-72187
RIA
Registered Investment Advisory firm - (3/22/2011 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Florida(11/1/2020)
RR
Kentucky(11/1/2020)
IAR
North Carolina(11/11/2017)
RR
North Carolina(11/2/2020)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
PC
PROSPERITY CAPITAL ADVISORS
C2P CAPITAL ADVISORY GROUP, LLC | WEALTH LOGIC SOLUTIONS | UNITED FINANCIAL SOLUTIONS | THE SMITH GROUP TAX & WEALTH ADVISORS | THE JL SMITH GROUP | THE CHAMBERLIN GROUP | PROSPERITY CAPITAL ADVISORS
CRD#: 156480 / SEC#: 801-72187
RIA
Registered Investment Advisory firm - (3/22/2011 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
30400 Detroit Road Suite 201, Westlake, OH 44145
Mailing Address
Phone number
(888) 240-0064
Established
Firm type
Fiscal year end
# of Employees
202
SEC notice filing (42 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 14,823 |
| AUM (Assets Under Management) | $ 3,684,966,200 |
Red Flags
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Check for any disclosures as part of your thorough research when choosing an advisor.
Company Information
PROSPERITY CAPITAL ADVISORS
CRD#: 156480Arden, NC 28704TRUST BUT VERIFY
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